How much will your small daily spending be in 10 years?
A concept by David Bach: small daily expenses (like coffee) compound into significant sums. $5/day for 10 years with interest = about $23,000.
Monthly deposits with monthly compounding — annual rate / 12 = monthly rate, compounded each month.
No. This is an awareness tool showing long-term impact. Adjusting just low-priority items can make a meaningful difference.
Conservative — between savings accounts (3-4%) and index fund averages (6-8%). Adjust to match your actual investment plan.
Calculate how much your daily small expenses (coffee, taxi, delivery, subscriptions) add up to over 1, 5, and 10 years with simple savings and compound investment. Visualize the latte factor effect.